ADP: 9m sales down over 50%

(CercleFinance.com) - Aéroports de Paris (ADP) has reported 9m 2020 revenue that is down 52.
7% at 1,669 million euros, hit head on by the impact that the Covid-19 pandemic has had on air traffic.

ADP group's traffic contracted by 61.8% to 72.3 million passengers (excluding Istanbul Atatürk and GMR airports in 2019), with traffic at Paris Aéroport (Paris-Charles de Gaulle and Paris-Orly) plummeting 66.3% to 27.8 million passengers.

The current forecast for traffic at Paris Aéroport has been reduced by around -63% to between -65% and -70% for the year. Bearing this in mind, this would slice about 2.3-2.6 billion euros off the group's 2020 revenues.


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